KNT HOLDINGS (SEHK: 01025) has released its annual financial results for the period ending March 31, 2026.

The company reported a revenue of HK$98.041 million, representing a 53.2% increase year-on-year.

However, the firm recorded a net loss of HK$45.659 million, which marks a significant expansion of 91.78% compared to the previous year.

The basic and diluted loss per share was approximately HK$0.207.

Reasons for the Increased Loss

According to the company's announcement, the substantial increase in net loss was primarily driven by several key factors.

These include a reduction in gross profit and an increase in administrative expenses as well as sales and distribution costs.

Furthermore, the company noted a rise in impairment losses recognized on trade receivables, deposits, and other receivables.

Additional contributing factors were an increase in impairment losses on right-of-use assets and higher finance costs.